Whats the minimum net to do a Flip?

[Carlos Garcia]

What is the least amount of money I should net when doing a Flip?

I was thinking around $30k to leave room for surprises and changes in the market?

[Kenny Smith]

@Carlos Garcia

I wouldn't look at it from a flat number, but more of a percentage. As homes get more expensive, so does your risk if the market flips. As an agent, with the market constantly changing, I'd say at minimum 10% of the ARV.

Best of luck!